First Time Buyer
Excited about purchasing your first home?
Nervous about Purchasing your first home?
Don’t worry we’ve all been there and understand what you are going through. Smith Cooper Mortgage advisers will guide you every step of the way.
First things to do!
Before viewing any properties we recommend that you obtain an agreement in principal from a mortgage lender to find out how much you can borrow.
One of our advisers will complete a factfind with you and then obtain an agreement in principal on your behalf.
In the current market conditions it is handy to have obtained one. This can help when making offers on properties. Most estate agents now ask for proof that you can obtain a mortgage before accepting an offer.
First Time Buyer Deposit?
If you are worried about getting a deposit together there are many lenders now offering mortgages with a minimum of 5% deposit. If you wish to buy a New Build home there are also Equity Loans available from the government meaning it can make your purchase more affordable.